The controversy that dogged the climate summit shows the extent to which misinformation, politics, and outdated beliefs reign supreme — and hinder progress toward net zero, says this Texas expert. Photo by COP28 / Anthony Fleyhan

Before it even started, COP28 drew sharp condemnation from activists and left-leaning politicians who took issue with the climate conference location: the United Arab Emirates, a leading oil and gas-producing nation.

“Time to say ‘the F-words’?” CNBC asked in one headline, referring of course to “fossil fuel.” A group of US and EU lawmakers called for the removal of COP28 President Sultan al-Jaber, head of the UAE’s national oil company Adnoc. And former Vice President Al Gore slammed the host nation and the summit itself, saying it was “abusing the public’s trust” because al-Jaber couldn’t be an honest broker of a climate deal.

I get it. The optics were certain to raise eyebrows and provide low-hanging fruit for critics. But the extent to which the conference became a global flash point was surprising even to the most cynical of onlookers. Finger-pointing took center stage, relegating rational discussion to the shadows. Misinformation and distrust flourished as a tired old energy transition narrative took hold — one that pits villain oil and gas against hero Renewables in an epic fight to save the planet.

At Workrise we follow data, not ideology, you’ll know that success in the energy transition is an all-of-the-above proposition. And in this regard, COP28 made progress. Reading the text of the agreement it’s clear that the delegation has adopted the view that the dominant suppliers of energy to the world — oil and gas companies — must be a part of the solution going forward, and accepted the reality that fuel sources like nuclear and natural gas must be leveraged if we are to reach our 2050 targets.

This pragmatic approach makes sense all the time, but it has particular resonance now as the industry undergoes a sea change in the form of consolidation. Nowhere is this M&A wave more keenly felt than in Texas, where the value of 2023 mergers and acquisitions in the Permian basin reached more than $100 billion after massive deals including ExxonMobil's proposed $60 billion purchase of Pioneer Natural Resources and Chevron's $53 billion acquisition of Hess. These kinds of deals will bring a seismic shift in the way the industry operates — including by enabling companies like Exxon and Chevron to find new production efficiencies, and further bake emissions reduction into their operating models.

But what becomes clear when reading the COP28 agreement is that in nearly all cases, the room was too divided to put measurable targets on the board that are enforceable. Nearly every “commitment” comes with words that provide loopholes and outs.

So what we have is a “deal” that stops short of the kind of black-and-white commitments that create accountability — a deal with language folks can live with, but that won’t meaningfully change realities on the ground. Which begs the question: Why is that, and why can’t we do more?

Two words: dogma and hostility. They are the root cause of the polarization that gripped the conference and steers the wider conversation about the energy transition worldwide. With those powerful forces holding sway, we will never get to agreements that have the teeth required to move the needle on this global challenge.

At the end of the day, it was impressive to see Al Jaber emerge from the summit with a deal of any kind, despite the fire storm that he fueled with his comments earlier in the conference.

What the world needs is leaders who are willing to put aside ideology, rely on proven facts, and grab every opportunity they have to move the chains. Just as important, those leaders need to understand the sensitivity of this topic — and how easily it becomes cannon fodder for those who seek to weaponize it. Without the right leadership, how can we hope for the general public to engage meaningfully in this debate, and to understand what their vote — whether they cast it with their wallet or at the ballot box — truly means?

So long as both sides of this debate dig in and throw stones at each other, the journey to net zero will continue to get longer and more arduous.

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Joshua Trott is chief revenue officer at Austin-based Workrise, which is a labor provider and supply chain solution for energy companies — including some in Houston.

Looking back at top energy transition news from the year, a podcast to stream, and more of what to know going into the last week of 2023. Photo via Getty Images

LYB buys in on plastics recycling co., a podcast to stream, and more to know this week

take note

Editor's note: It's a new week — start it strong with three quick things to catch up on in Houston's energy transition: looking back on top news from 2023, a podcast to stream, and more.

LYB acquires German plastic waste sourcing and engineering company

Houston-based LyondellBasell, rebranded recently to LYB, announced earlier this month that it has acquired a minority share in Source One GmbH, Leiferde, Germany, a plastic waste sourcing and engineering company, that specializes specifically in solutions for hard-to-recycle post-consumer plastic waste. This investment gives LYB access to Source One's engineering and plastic waste sourcing services, according to a news release.

"We are committed to support the growing demand of our customers for circular solutions," says Yvonne van der Laan, LyondellBasell executive vice president of Circular and Low Carbon Solutions, in the news release. “With the investment in Source One we are taking another important step to secure access to plastic waste for our recycling activities and to strengthen our Circulen product portfolio of material made from recyclable or renewable resources.”

Podcast: Moji Karimi of Cemvita talks COP28, growth of the company, and more

Moji Karimi, CEO and co-founder of Cemvita, joined the Houston Innovators Podcast last week before he had even recovered from jet lag to talk about his biggest takeaways from 2023 United Nations Climate Change Conference or Conference of the Parties, more commonly known as COP28.

"It was a pretty amazing experience," Karimi says, comparing the event to how CERAWeek has evolved to really have a strong presence in its innovation-focused track called Agora. "This year you had a massive section for innovation and sustainability. I think that will become a theme in COP29 and beyond to bring entrepreneurs, investors, and more participating in the event."

Karimi's three big observations are outlined here, as is the full podcast with him sharing more about Cemvita's growth this year.

Fresh from COP28, Houston innovator Moji Karimi shared his biggest observations from the event. Photo courtesy of Digital Wildcatters

3 takeaways from COP28 from Houston biotech, sustainability founder

big picture

Before he even had a chance to recover from the jetlag, Moji Karimi was thinking about his biggest takeaways from 2023 United Nations Climate Change Conference or Conference of the Parties, more commonly known as COP28.

Karimi, CEO and co-founder of Cemvita, a biotech company with sustainable solutions for the energy transition, joined the Houston Innovators Podcast this week to discuss what his biggest takeaways were.

"It was a pretty amazing experience," Karimi says, comparing the event to how CERAWeek has evolved to really have a strong presence in its innovation-focused track called Agora. "This year you had a massive section for innovation and sustainability. I think that will become a theme in COP29 and beyond to bring entrepreneurs, investors, and more participating in the event."

Karimi's three big observations are outlined below, as is the full podcast with him sharing more about Cemvita's growth this year.


Expanding the environmental footprint

One of the big things Karimi observed was that there seems to be a rising conversation about not only how carbon emissions are effecting climate change, but that companies and countries need to look more broadly at their environmental impacts.

Specifically, Karimi learned about the new framework Task Force on Nature-Related Financial Disclosures (TNFD), an addition to Task Force on Climate-Related Financial Disclosures (TCFD), which was introduced a few years back.

"TNFD is the new framework to capture non-carbon emissions-related aspects of an impact on the environment, such as biodiversity loss," he says.

Language has evolved to reflect this shift too, Karimi says, referencing "nature-positive tech" and "nature tech." He says he feels like Europe has led the way so far, but in the next year or two the conversations will come to the United States.

"Some of this is driven by COP30 being in Brazil and being focused on biodiversity," he adds.

A major focus on nuclear

Karimi says he saw a lot of support for nuclear energy, which can lower the cost and carbon intensity of power. Personally, Karimi is wondering what happens if and win nuclear is better adapted, solving the current challenges the power industries face.

"What I'm interested in is so many other climate tech applications that are enabled once you have low-cost, and low-carbon power from nuclear energy. That will be interesting to watch," he says.

Actionism, not activism

Lastly, Karimi says he saw a huge push toward action, not simply advocacy. The emphasis on "actionism" included activations for COP28 attendees to share what actions could be taken now.

"The point was to all come together, no matter where you come from, and focus on what actions you can take," he says. "It was interesting to bring people together in a different way. We'll see how that translates into actions from here on."


A new initiative from federal agencies hopes to enhance access to information about greenhouse gas emissions. Photo via nasa.gov

NASA, EPA share plans for greenhouse gas initiative at COP28

need some space

Two of Houston's top industries are in for a collaboration of sorts, according to a recent announcement at the 28th annual United Nations Climate Conference, or COP28.

NASA, the United States Environmental Protection Agency, and other U.S. agencies have unveiled the plans for the U.S. Greenhouse Gas Center, a hub for collaboration for the federal agencies and nonprofit and private sector partners.

“NASA data is essential to making the changes needed on the ground to protect our climate. The U.S. Greenhouse Gas Center is another way the Biden-Harris Administration is working to make critical data available to more people – from scientists running data analyses, to government officials making decisions on climate policy, to members of the public who want to understand how climate change will affect them,” NASA Administrator Bill Nelson says in a news release. “We’re bringing space to Earth to benefit communities across the country.”

NASA is taking the lead implementing agency position for the new center, which will be run by Argyro Kavvada, center program manager, who's based in NASA headquarters in Washington. The EPA, the National Institute of Standards and Technology, and the National Oceanic and Atmospheric Administration will also be involved and provide greenhouse gas datasets and analysis tools.

“A goal of the U.S. Greenhouse Gas Center is to accelerate the collaborative use of Earth science data,” Kavvada says. “We’re working to get the right data into the hands of people who can use it to manage and track greenhouse gas emissions.”

The center’s data catalog will be available online and target three areas: greenhouse gas emissions from humans, naturally occurring greenhouse gas emissions, and large methane emission event identification and quantification from aircraft and space-based data.

According to the release, the center is one piece of the current administration's effort to amplify information on greenhouse gas emissions, as outlined in the recently released National Strategy to Advance an Integrated U.S. Greenhouse Gas Measurement, Monitoring, and Information System.

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Greentown launches 3rd round of collaborative accelerator for energy tech founders of color

browning the green space

For the third year, Greentown Labs and Browning the Green Space have opened applications for ACCEL, a climatetech accelerator designed to bolster BIPOC-led companies.

The program, which is a year-long commitment providing opportunities across funding, networking connections, resources, and more, has applications open until January 7. Each selected company will receive non-dilutive grant funding up to $25,000, trainings from VentureWell, a desk and membership at Greentown Houston or Boston locations, a BGS membership, and more.

A handful of startups will be selected for the program, which is looking for companies at the two to four Technology Readiness Level (TRL) stage with a technology solution across agriculture, buildings, electricity, manufacturing, resiliency and adaptation, and transportation sectors.

“ACCEL has been amazing," Chidalu Onyenso, founder of Cambridge, Massachusetts-based EarthBond, a member of the 2022 cohort, writes on the website. "I’ve really enjoyed the membership and programming. I think it’s fantastic—if I met another Black or Brown founder focused on climatetech, I’d tell them to apply to this program, 100 percent.”

Earlier this year, the program — which is supported by the Massachusetts Clean Energy Center,Microsoft's Climate Innovation Fund, Equinor, Barr Foundationnamed seven companies to its second cohort and six to its inaugural batch in 2022. The 13 companies across two cohorts so far have received $325,000 in grant funding from the program.

"These BIPOC-led startups are developing climate technologies that will lead us to a more equitable and sustainable future," MassCEC CEO Dr. Emily Reichert, the former CEO of Greentown, said of the second cohort in a news release. "We want ALL climatetech innovators and entrepreneurs to thrive here in Massachusetts. We are proud to support the ACCEL accelerator, created and led by Greentown Labs and Browning the Green Space. The ACCEL program is helping us build a more diverse innovation ecosystem by breaking down barriers and expanding opportunities."

Interested and qualifying companies can apply online.

Houston university launches global hub to drive innovation in sustainable energy, advanced technologies

incoming, India

Rice University is launching Rice Global India, which is a strategic initiative to expand India’s rapidly growing education and technology sectors.

The new hub will be in the country’s third-largest city and the center of the country’s high-tech industry, Bengaluru, India, and will include collaborations with top-tier research and academic institutions. Rice continues its collaborations with institutions like the Indian Institute of Technology (IIT) Kanpur and the Indian Institute of Science (IISc) Bengaluru. The partnerships are expected to advance research initiatives, student and faculty exchanges and collaborations in artificial intelligence, biotechnology and sustainable energy.

“India is a country of tremendous opportunity, one where we see the potential to make a meaningful impact through collaboration in research, innovation and education,” Rice President Reginald DesRoches says in a news release. “Our presence in India is a critical step in expanding our global reach, and we are excited to engage more with India’s academic leaders and industries to address some of the most pressing challenges of our time.”

India was a prime spot for the location due to the energy, climate change, artificial intelligence and biotechnology studies that align with Rice’s research that is outlined in its strategic plan Momentous: Personalized Scale for Global Impact.

“India’s position as one of the world’s fastest-growing education and technology markets makes it a crucial partner for Rice’s global vision,” vice president for global at Rice Caroline Levander adds. “The U.S.-India relationship, underscored by initiatives like the U.S.-India Initiative on Critical and Emerging Technology, provides fertile ground for educational, technological and research exchanges.”

On November 18, the university hosted a ribbon-cutting ceremony in Bengaluru, India to help launch the project.

“This expansion reflects our commitment to fostering a more interconnected world where education and research transcend borders,” DesRoches says.

———

This article originally ran on InnovationMap.

ExxonMobil names new partner to bolster US lithium supply chain with offtake agreement

ev supplies en route

Spring-headquartered ExxonMobil Corp. has announced a new MOU for an offtake agreement for up to 100,000 metric tons of lithium carbonate.

The agreement is with LG Chem, which is building its cathode plant in Tennessee and expects it to be the largest of its kind in the country. The project broke ground a year ago and expects an annual production capacity of 60,000 tons. The lithium will be supplied by ExxonMobil.

“America needs secure domestic supply of critical minerals like lithium,” Dan Ammann, president of ExxonMobil Low Carbon Solutions, says in a news release. “ExxonMobil is proud to lead the way in establishing domestic lithium production, creating jobs, driving economic growth, and enhancing energy security here in the United States.”

The industry currently has a lithium supply shortage due to the material's use in electric vehicle batteries and the fact that most of production happens overseas.

“Building a lithium supply chain with ExxonMobil, one of the world’s largest energy companies, holds great significance,” Shin Hak-cheol, CEO of LG Chem, adds. “We will continue to strengthen LG Chem’s competitiveness in the global supply chain for critical minerals.”

Per the release, the final investment decision is still pending.

Earlier this year, Exxon entered into another energy transition partnership, teaming up with Japan’s Mitsubishi to potentially produce low-carbon ammonia and nearly carbon-free hydrogen at ExxonMobil’s facility in Baytown.

Last month, the company announced it had signed the biggest offshore carbon dioxide storage lease in the U.S. ExxonMobil says the more than 271,000-acre site, being leased from the Texas General Land Office, complements the onshore CO2 storage portfolio that it’s assembling.